FY2026 Fair Market Rents — Essex County
Studio
$907
1BR
$912
2BR
$1,113
3BR
$1,341
4BR
$1,556
Essex County, Virginia
FIPS 51057 · County-level FMR and income limit data
FMR Area: Essex County, VA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $907 | $10,884 |
| 1-Bedroom | $912 | $10,944 |
| 2-Bedroom | $1,113 | $13,356 |
| 3-Bedroom | $1,341 | $16,092 |
| 4-Bedroom | $1,556 | $18,672 |
To afford the FY2026 2-bedroom FMR of $1,113/mo under the 30%-of-income rule, a household needs about
$44,520/yr ($3,710/mo). Area Median Income is $87,800.
At VA's state minimum wage of $12.41/hr, a worker would need to work 69 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $907 | $912 | $1,113 | $1,341 | $1,556 |
| FY2025 | $810 | $815 | $1,006 | $1,246 | $1,438 |
| FY2024 | $834 | $839 | $1,041 | $1,321 | $1,597 |
| FY2023 | $690 | $746 | $930 | $1,188 | $1,400 |
| FY2022 | $594 | $685 | $870 | $1,075 | $1,287 |
| FY2021 | $603 | $697 | $895 | $1,113 | $1,321 |
| FY2020 | $642 | $723 | $952 | $1,186 | $1,430 |
FY2026 Income Limits
Area Median Income: $87,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,200 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,350 | $34,700 | $39,050 | $43,350 | $46,850 | $50,300 |
| 80% AMI | $48,550 | $55,500 | $62,450 | $69,350 | $74,900 | $80,450 |